Kanen Wealth Management LLC Buys New Shares in Stagwell Inc. $STGW

Kanen Wealth Management LLC bought a new position in shares of Stagwell Inc. (NASDAQ:STGW) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 78,988 shares of the company’s stock, valued at approximately $497,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in STGW. Hotchkis & Wiley Capital Management LLC grew its position in shares of Stagwell by 4.6% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 21,034,577 shares of the company’s stock valued at $118,425,000 after acquiring an additional 920,431 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Stagwell by 22.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,035,320 shares of the company’s stock valued at $31,671,000 after purchasing an additional 923,771 shares during the period. UBS Group AG raised its holdings in shares of Stagwell by 10.8% in the 3rd quarter. UBS Group AG now owns 2,851,083 shares of the company’s stock valued at $16,052,000 after purchasing an additional 277,637 shares during the period. JPMorgan Chase & Co. lifted its stake in Stagwell by 54.1% in the 4th quarter. JPMorgan Chase & Co. now owns 2,676,532 shares of the company’s stock valued at $13,088,000 after purchasing an additional 939,888 shares during the last quarter. Finally, State Street Corp lifted its stake in Stagwell by 3.3% in the 4th quarter. State Street Corp now owns 2,299,100 shares of the company’s stock valued at $11,243,000 after purchasing an additional 73,817 shares during the last quarter. 35.61% of the stock is owned by institutional investors.

Stagwell Stock Up 3.1%

Shares of STGW opened at $7.97 on Wednesday. The firm has a market cap of $1.98 billion, a P/E ratio of 113.86 and a beta of 1.26. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.83 and a current ratio of 0.83. Stagwell Inc. has a 52 week low of $4.28 and a 52 week high of $8.07. The firm’s 50-day simple moving average is $7.07 and its 200 day simple moving average is $6.35.

Stagwell (NASDAQ:STGW) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.01). Stagwell had a return on equity of 24.12% and a net margin of 0.64%.The company had revenue of $704.14 million for the quarter, compared to analyst estimates of $700.48 million. During the same quarter last year, the business earned $0.12 earnings per share. The company’s revenue was up 8.0% on a year-over-year basis. Stagwell has set its FY 2026 guidance at 0.980-1.120 EPS. On average, analysts forecast that Stagwell Inc. will post 0.86 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Bradley J. Gross sold 2,163,790 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $6.04, for a total value of $13,069,291.60. Following the completion of the sale, the director directly owned 8,789 shares in the company, valued at $53,085.56. The trade was a 99.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Mark Jeffery Penn acquired 20,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was purchased at an average cost of $5.88 per share, for a total transaction of $117,600.00. Following the completion of the acquisition, the chief executive officer owned 23,034,990 shares in the company, valued at approximately $135,445,741.20. This represents a 0.09% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 11.20% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

STGW has been the topic of a number of recent analyst reports. Wall Street Zen downgraded Stagwell from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings downgraded Stagwell from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Needham & Company LLC boosted their target price on Stagwell from $7.25 to $8.00 and gave the stock a “buy” rating in a report on Monday, June 29th. Zacks Research upgraded Stagwell from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $9.00 price target on shares of Stagwell in a report on Tuesday, May 5th. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $7.80.

Stagwell Profile

Stagwell Inc is a modern marketing and communications network that partners with global organizations to drive brand growth through data-driven insights and creative solutions. The company operates a diversified portfolio of specialized agencies and technology platforms, offering services that span digital marketing, advertising, public relations, consumer and market research, social media strategy, and commerce consulting. By integrating research, creative, media, and technology under a unified network, Stagwell aims to deliver end-to-end marketing solutions tailored to the evolving needs of clients in sectors such as technology, healthcare, consumer goods, and financial services.

Founded in 2015 by long-time political strategist and pollster Mark Penn, Stagwell has expanded organically and through strategic acquisitions to build capabilities across the marketing value chain.